|Filed Under:||Business & Finance / Economics|
|Posts on Regator:||889|
|Posts / Week:||2.5|
|Archived Since:||June 7, 2008|
This article makes the case for social, rather than financial, incentives. I am not convinced, but it should generate an interesting class discussion.
A few years ago, I had the pleasure of meeting Patrick Moynihan, a Catholic deacon who is the president of The Haitian Project and head of its Louverture Cleary School, in Haiti, for gifted but poor children. Our paths crossed because...Show More Summary
A great article in today's NY Times.
The NY Times reports: For investors in hedge funds, like big pension funds, 2014 was not a lucrative year. But for those who managed their money, the pay was spectacular. The top 25 hedge fund managers reaped $11.62 billion in compensation in 2014, according to an annual ranking published on Tuesday by Institutional Investor’s Alpha magazine. Show More Summary
Here:40 years later- The relevance of Okun’s "Equality and Efficiency: The Big Tradeoff"
Oddly, Paul Krugman thinks that TPP is not really about trade. CEA Chair Jason Furman, however, writes the following: The starting point of TPP is the contrast between U.S. tariffs and those of our partner countries. Our trade-weighted average applied tariff rate is 1.4 percent and 70 percent of imports already enter our economy duty free. Show More Summary
Click here to read my piece in Sunday's NY Times.
Roland Fryer has won the John Bates Clark Award. The past three winners have been Roland Fryer (Harvard faculty), Matthew Gentzkow (Harvard undergrad and PhD), and Raj Chetty (Harvard undergrad, PhD, and faculty).
This past week, The House of Representatives passed repeal of the estate tax. This is a policy change I have long supported, for reasons explained here.
Via Nicholas Kristof: “A broad liberal arts education is a key pathway to success in the 21st-century economy,” says Lawrence Katz, a labor economist at Harvard. Katz says that the economic return to pure technical skills has flattened,...Show More Summary
Noah Smith on "What causes recessions?"
Paul Krugman says there aren't enough libertarians in the U.S. to make a libertarian candidate like Rand Paul viable. I am not so sure about the paucity of libertarians, but even so, I doubt that Rand Paul is the best representativeShow More Summary
From Planet Money.
There has been a lot of discussion of the drought in California and the new regulations that the state is putting in place. But there has been little mention of the obvious (to an economist) solution: Raise the price of water.This would do more than any set of regulations ever could. Show More Summary